AltMountain

WB Spring Pointe LLC

Scottsdale, AZ · CIK 2016988
Status: no Form D since Apr 2024. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

WB Spring Pointe LLC is a real estate fund based in Scottsdale, Arizona. According to its most recent Form D, filed Apr 1, 2024, it has sold $475,000 of interests to 6 investors since its first sale in Mar 2024. The filing does not set a minimum investment. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Brian Bowers; Scott Weedman.

Total raised
$475,000Cumulative sales reported on Form D
Investors
6
First sale
Mar 6, 2024
Minimum investment
None set
Who can invest
Accredited investorsSection 3(c)(1): up to 100 beneficial owners
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Brian Bowers; Scott Weedman
Latest Form D
Apr 1, 2024

From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction

Questions about WB Spring Pointe LLC

What is the minimum investment for WB Spring Pointe LLC?

WB Spring Pointe LLC's latest Form D, filed Apr 1, 2024, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in WB Spring Pointe LLC?

WB Spring Pointe LLC is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(b), which does not allow general advertising.

How much has WB Spring Pointe LLC raised?

WB Spring Pointe LLC reports $475,000 sold from 6 investors on its Form D filed Apr 1, 2024. This is cumulative sales since the offering began, not current assets or performance.

Where is WB Spring Pointe LLC based?

WB Spring Pointe LLC is based in Scottsdale, Arizona.

When did WB Spring Pointe LLC launch?

WB Spring Pointe LLC reports its first sale in Mar 2024.

Size compared with every real estate fund

Raised more than 31% of the 344 real estate funds based in Arizona, and more than 23% of all 7,337 that report sales.

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